Ishaq Dar to visit US, will attend spring meetings of IMF, WB

Business Apr, 4 2023
Ishaq Dar to visit US, will attend spring meetings of IMF, WB
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ISLAMABAD: Finance Minister Ishaq Dar will visit United States from April 10 to 16 to attend upcoming annual spring meetings of International Monetary Fund (IMF) and World Bank (WB), sources said.

Secretary Finance Hamid Yaqoob and Governor State Bank of Pakistan Jameel Ahmed will also accompany him along with high-powered delegation, sources at Ministry of Finance said.

Delegation will hold separate meeting with IMF officials during visit, sources said. Dar will inform international lending institutions about reforms introduced by government.

International Monetary Fund (IMF) and World Bank, known as Breton Wood Institutions will also be briefed about economic discipline and progress in efforts for funding from friendly countries.

IMF is seeking verifications from Pakistan’s friendly countries, such as Saudi Arabia, UAE and Qatar, additional assistance of $ 6 billion to country.

Coalition government has already said that it has fulfilled all toughest requirements set by International Monetary Fund for release of 1.1 billion dollar tranche.

Published in The Daily National Courier, April, 04 2023

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